Did You Know? Not all SBA programs are the same.
Compare the 504 Loan to the 7(a) Loan to See the Advantages of the 504.
Notice: WBD, Inc. is no longer a Community Development Financial Institution (CDFI) and cannot assist with PPP loan applications or other SBA pandemic-specific financial assistance programs at this time. Click here for information regarding CDFIs available in your area.
Want to Put Less Money Down and Get Lower Interest Rates?
Take Advantage of the SBA 504 Loan With WBD.
504
10 Year Fixed Rate
May 2021
2.62%*
REFI n/a
504
20 Year Fixed Rate
May 2021
2.85%*
REFI 2.90%
504
25 Year Fixed Rate
May 2021
2.94%*
REFI 2.98%
504 Loan Rate History >
*For loans authorized and funded in Fiscal Year 2021
*For loans authorized and funded in Fiscal Year 2021
The U.S. Small Business Administration (SBA) 504 loan program is a unique financing option that can be used to finance fixed assets such as commercial real estate or equipment. Low, fixed interest rates are available for up to 25 years with down payments as low as ten percent.
The 504 loan works in conjunction with your local bank, resulting in a financing structure typical to a conventional loan, but with:
- Lower, fixed interest rates
- Ten percent down payment
- Up to a 25 year term and amortization
WBD makes it easy for our borrowers by handling all interaction and paperwork with the SBA. Contact WBD or ask your lender about the SBA 504 program, because good business is knowing all of your options.
PROBLEM
Tired of paying rent to someone else? Want to build equity for the future?
SOLUTION
Buy your building with as little as 10% down and great long term rates!
PROBLEM
Your current space is not quite right and it is impacting your business opportunities.
SOLUTION
Build yourself a new facility and lock in low rates for the next 25 years!
PROBLEM
You own your own building and would like to refinance for lower payments and/or to tap some of the equity to use in growing your business.
SOLUTION
Refinance with the SBA 504 program and lock in lower rates for the next 25 years, while accessing up to 85% of your equity for business purposes.
PROBLEM
Your business needs expensive equipment to expand and you want options to leasing.
SOLUTION
Purchase the equipment and get low, fixed rate financing for 10 years or more.
Our Loan Officers.
Your SBA Sherpas.
Click anywhere on the map to see who your Loan Officer is based on your location.
Have questions? Contact a Loan Officer near you for more information
Jason Monnett
920-966-1479 
Senior Vice President & Senior Loan Officer
Steve Kohl
(262) 436-3012
Southeast Wisconsin
Matt Wilcox
(920) 966-1490
Northeast Wisconsin
Mike Dieckman
(715) 598-9956
Northwest Wisconsin
Kyle Kuntz
(715) 575-5805
Central Wisconsin
Nick Drewsen
(608) 316-7134
Southcentral Wisconsin
April Nelson
(715) 381-6719
Western Wisconsin and Minnesota
Tyler Swenson
(920) 966-1487
Northeast Wisconsin
Resource Center
Here at WBD, we like to use the phrase, "Smart business is knowing all of your options." And one of these options for business owners includes commercial financing that can be advantageous,...
Jason Braden, owner of the Jewelers Workshop in Madison, Wisconsin, recently utilized the SBA 504 loan program in order to purchase a building to house his new workshop and showroom. This program...
Senior Credit Analyst A rewarding career opportunity exists for you with WBD! Due to our success, we are expanding and seeking a full-time Senior Credit Analyst in our Waukesha or Madison...
Contact WBD:
4618 South Biltmore Lane
Madison, WI 53718
Phone: (608) 819-0390
Fax: (608) 819-0393
Toll Free: (800) 536-6799
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